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Insider Cluster (3 insiders) ·Filed Apr 21, 2026

AGX

ARGAN INC
NEUTRAL
Impact 4/10
Horizondays Processed6mo ago
Insider cluster: 3 insiders, $11.8M total
Actionable Insight • Neutral

Monitor for any upcoming earnings or material news that might explain the insider selling pattern. The aggregate selling trend over 30 days ($27.3M total) warrants attention but is not yet alarming given the company's size.

DirectionNeutral
Confidencemedium
Horizondays
Final — all horizons settled through T+60d ⚠ clustered
AGX ▼ -10.96% at T+60d
NEUTRAL call -10.96% · α vs SPY -17.86% · entry $614.92 → $547.51
Entry = T+0 close
Apr 20, 2026
via day close
T+1d
+5.98%
call +5.98% · α +4.96%
$651.68
settled 6mo ago
T+5d
+2.57%
call +2.57% · α +1.48%
$630.70
settled 6mo ago
T+20d
+8.11%
call +8.11% · α +3.19%
$664.76
settled 5mo ago
T+60d
-10.96%
call -10.96% · α -17.86%
$547.51
settled 3mo ago

Price Chart

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Executive Summary

Two directors and a subsidiary CEO of Argan Inc sold shares totaling $11.76M over a week, representing 0.13% of market cap. The sales are modest in size but add to a recent insider selling trend of $15.5M over the past 30 days.

Key Financial Metrics

Direction
selling
Total Value
$11.8M
Insiders
3

Key Facts

  • Leimkuhler William F. (Director) sold 5,000 shares at $617.41, totaling $3.09M on 2026-04-28.
  • Jeffrey John Ronald Jr. (Director) sold 2,698 shares at $664.84, totaling $1.79M on 2026-04-27.
  • Collins Charles Edwin IV (CEO of GEMMA subsidiary) sold 11,100 shares at $621.61, totaling $6.88M on 2026-04-21.
  • Total insider sales in the cluster: $11.76M, about 0.13% of Argan's $8.8B market cap.

Financial Impact

No direct financial impact; insider sales represent 0.13% of market cap, a modest amount.

Risk Factors

  • Further insider selling could indicate impending negative news.
  • Subsidiary CEO selling may signal challenges at GEMMA.

Market Snapshot

Exchange
NYSE
Sector
Construction - Special Trade Contractors
Analyst Consensus
60% bullish (10 analysts)

Investment Themes

Industrials & Manufacturing

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-AGX-1777496478173
11 reports for AGX
Performance horizon
50% Hit rate @ T+20 3 of 6 directional calls Went positive at some point 4 of 6 best @ T+60▲ +47.39%Jun 17, 2026
Filters
Rows
Reports for AGX — sortable, filterable
TypeNow
Sep 2, 2026
7w ago
8-K
BULLISH ★ 6/10
$411.77 $377.95▼ −8.21%▼ −7.09%$329.34 (−20.02%)
Aug 3, 2026
12w ago
Institutional Cluster
MIXED ★ 4/10
$592.66 $424.99▼ −28.29%▼ −29.53%$329.34 (−44.43%)
Jun 17, 2026
18w ago
Insider Cluster
BEARISH ★ 5/10
$738.85 $547.51▲ +25.90%▲ +26.43%$329.34 (+55.43%)
Jun 16, 2026
18w ago
Insider Cluster
BEARISH ★ 6/10
$719.52 $547.51▲ +23.91%▲ +25.22%$329.34 (+54.23%)
Jun 10, 2026
19w ago
8-K
NEUTRAL ★ 3/10
$623.66 $687.49▲ +10.23%▲ +8.34%$329.34 (−47.19%)
Jun 4, 2026
20w ago
8-K
BULLISH ★ 7/10
$694.72 $725.23▲ +4.39%▲ +2.53%$329.34 (−52.59%)
Apr 21, 2026
26w ago
DEFA14A
NEUTRAL ★ 3/10
$651.68 $639.58▼ −1.86%▼ −5.02%$329.34 (−49.46%)
Apr 21, 2026
26w ago
Insider Cluster
NEUTRAL ★ 4/10
$614.92 $664.76▲ +8.11%▲ +3.19%$329.34 (−46.44%)
Apr 13, 2026
28w ago
Insider Cluster
BEARISH ★ 7/10
$597.95 $683.52▼ −14.31%▼ −6.58%$329.34 (+44.92%)
Apr 13, 2026
28w ago
Insider Cluster
BEARISH ★ 6/10
$597.95 $683.52▼ −14.31%▼ −6.58%$329.34 (+44.92%)
Showing 10 of 11

US Market Status

Market Closed — Opens Tue (15h 56m)

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Report published Apr 29, 2026